Early Startup Funding Tips from a Serial Founder
“It’s really hard to raise external capital just based on a vision and a dream,”
Mann's approach paid off, with CollX raising $10 million in Series A funding. He advises having a product with real traction in the market before seeking external capital.
- Validate your product before seeking investors
- Delay raising capital until your product has momentum
- Having a product with traction makes it easier to raise external capital
Mann's current company, CollX, is a trading card platform that has seen years of growth, and was named a 2023 RealLIST Startups honoree.
Author's summary: Serial founder Ted Mann shares funding tips after raising $10M.